US Stocks Move Broadly Lower in Early Trade; Oil Rising
KEEPING SCORE: The S&P 500 index dropped 21 points, or 0.8 percent, to 2,759 as of . The Dow Jones Industrial Average fell 179 points, or 0.7 percent, to 25,809. The Nasdaq composite slid 106 points, or 1.4 percent, to 7,300. The Russell 2000 index of smaller companies gave up 7 points, or 0.5 percent, to 1,542.
TECH TUMBLE: Losses in technology sector stocks led the market lower. Chipmaker Nvidia slumped 5.6 percent to $194.16.
FINANCIALS SLIDE: Banks and other financial companies also took heavy losses. Goldman Sachs slid 2.4 percent to $217.15
LIFELINE EXTENDED:
BOND YIELDS: Bond prices rose. The yield on the 10-year Treasury note fell to 3.18 percent from 3.19 percent late Friday.
ENERGY: Benchmark
CURRENCIES: The dollar slipped to 113.79 yen from 113.80 yen on Friday. The euro fell to $1.1269 from $1.1336. The British pound weakened to $1.2914 from $1.2975 amid concerns that
MARKETS OVERSEAS: Major stock indexes in